FABindia SBI Card SELECT

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  • Joining fee

    Rs. 1,499 + GST

  • Annual fee

    Rs. 1,499 + GST

  • Best suited for

    Shopping

  • Reward type

    Reward Points

Rewards

  • Rewards rate

    10 Reward Points per Rs. 100 spent on Fabindia stores, 3 RPs per Rs. 100 spent on dining, movies and entertainment, 2 RPs per Rs. 100 spent on all international spends, 2 RPs per Rs. 200 on all other spends.

  • Welcome benefits

    Fabindia Vouchers worth Rs. 1,500; direct access to platinum tier Fabfamily membership.

  • Reward redemption

    Reward Points can be converted into Fabfamily Rewards which can be used for shopping on Fabindia stores. 1 Reward Point = 1 Fabfamily Reward = Re. 1

Benefits

  • Travel

    4 complimentary domestic airport lounge access (1 per quarter), complimentary Priority Pass membership for two years

  • Domestic lounge

    4 complimentary domestic airport lounge access (1 per quarter)

  • International lounge

    Complimentary Priority Pass membership for two years (lounge visits are chargeable)

Fees & charges

  • Spend-based waiver

    Annual fee waived off on spends of Rs. 2 lakh in the previous year

  • Rewards redemption fee

    Rs. 99 (plus applicable taxes) per redemption request

  • Foreign currency markup

    3.5% of the transaction amount

  • Interest rates

    3.5% per month (or 42% annually)

  • Fuel surcharge waiver

    1% fuel surcharge waived off for transactions of up to Rs. 3,000 (max waiver of Rs 100 per month)

  • Cash advance charges

    2.5% of the transaction amount, subject to a minimum amount of Rs. 500

Product highlights

  • Fabindia gift voucher worth Rs. 1,500.
  • Platinum tier Fabfamily membership.
  • Gift voucher worth Rs. 1,250 from popular brands on spends of Rs. 2 lakh in a calendar quarter.
  • 10 Reward Points per Rs. 100 spent on Fabindia stores.
  • 3 Reward Points per Rs. 100 spent on dining, movies and entertainment.
  • 2 Reward Points per Rs. 100 on all international spends.
  • 2 Reward Points per Rs. 200 on all other spends.
  • 4 complimentary domestic lounge access (max 1 per quarter).
  • Complimentary membership of the Priority Pass program valid for 24 months.
  • 1% fuel surcharge waived off on transactions of up to Rs. 3,000. Maximum waiver capped at Rs. 100/month.
  • The Reward Points can be converted into Fabfamily rewards which can be used for shopping on Fabindia stores. 1 Reward Point = 1 Fabfamily Reward = Re. 1.

FAQs

What is the validity of the Reward Points?

The Reward Points are valid for a period of 2 years from the date of accrual.

What is the monetary value of the Reward Points?

The Reward Points can be converted into Fabfamily Rewards. 1 Reward Point = 1 Fabfamily Reward = Re. 1.

Do I get complimentary international airport lounge access with this card?

You get a complimentary Priority Pass membership for 24 months with this card. However, you need to pay for the lounge visits.

Do I get complimentary domestic lounge access with this card?

Yes, you do get 4 complimentary domestic airport lounge access annually (1 per quarter).

Is the fuel surcharge waived?

1% Fuel surcharge is waived for all transactions of up to Rs. 3,000. Maximum waiver is capped at Rs. 100 per payment cycle.